Cheddar hosts Kristen Scholer and Tim Stenovec discuss the top news of the day. From bitcoin hitting record highs, to AT&T heading to court, we break it all down for you.
Disney's deal for 21st Century Fox may be back on, according to The Wall Street Journal. The companies couldn't agree on price a few weeks back, which ended up stalling talks.
And all hail the Queen. Season 2 of "The Crown" debuts on Friday. It's one of 34 original series, movies, or specials released by Netflix this month.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
